Quick take:

• Standard Chartered is expanding its digital asset footprint after investing in crypto custodian Zodia Custody and institutional trading platform Zodia Markets.
• The London-based lender also offers spot crypto trading for institutional clients, which it launched in July.
• Standard Chartered is not the only traditional bank expanding into crypto trading services, with U.S.-based JPMorgan also launching a trading service for institutions last month.

Standard Chartered is expanding its digital asset strategy with plans to launch a prime brokerage service for crypto trading, Bloomberg reported, citing people with knowledge of the matter.

The new service will be set up within the company’s wholly owned…